Apartment plus management rights


28 Jacks Pass Road, Hanmer Springs

Asking Price NZD $950,000 + GST (if any)

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Apartment plus management rights | 28 Jacks Pass Road, Hanmer Springs | 5518287 |      X Close
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Apartment plus management rights


Clear Ridge Apartments is a premier accommodation complex in the alpine township of Hanmer Springs. On offer is an executive 3 bedroom apartment to live in plus the management rights to run the business operating the premises. All unit titled apartments are in the letting pool. This is an attractive offering with real estate and a business in one package meaning buyers can live onsite and be their own boss. Management rights are considered superior in ownership style as there is no rent to pay to a landlord, a fact that is very relevant in todays world. With a body corporate set up, the business operates the accommodation and owners have autonomy in the business operation. Profit levels are dependent on how much work an owner is prepared to do, either on or in the business.

To summarise:

•Manage 13 one and two bedroom executive apartments

•Full motel kitchens with modern appliances

•Built in 2008 and maintained to a high standard

•11 apartments have spa baths, two have access bathrooms

•Two story with an elevator for easy access

•Heated swimming pool plus a spa pool and barbeque area

•A board room / conference room adds another revenue stream

•Off street car parking

•Complex overlooks the golf course

•Well located minutes from the thermal hot pools

•Owners modern 3 bedroom apartment with garage and private access

The incredibly scenic Hanmer Springs remains the preferred get-away for Cantabrians, located just 90 minutes from Christchurch and famous for the thermal hot pools with restaurants and shopping adding to the attractions. Having looked after them well, our owners of 7 years are ready for their next project and are motivated to move this tidy package on. If you are looking for real estate, to work for yourself and for profit then Clear Ridge is the opportunity.

Kate Mullins

Christchurch

Licensed under the REA Act 2008

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28 Jacks Pass Road, Hanmer Springs

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Kate Mullins

Christchurch

Licensed under the REA Act 2008

View profile